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UK financial experts urge savers to use full ISA allowance before tax year-end to avoid missing tax savings.
Financial experts are urging UK savers to maximize their Individual Savings Account (ISA) allowances before the tax year ends, with the current limit at £20,000.
They also suggest increasing this limit to around £26,000 to account for inflation, noting that savers could miss out on significant tax-free savings otherwise.
Using the full ISA allowance could save households an average of £1,241 in taxes this year, totaling about £9.4 billion across all ISA holders.
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Los expertos financieros del Reino Unido instan a los ahorradores a utilizar la franquicia completa de la ISA antes del fin del año fiscal para evitar que falten ahorros fiscales.